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Search Results 0 to 13 of about 14 (some duplicates have been removed)
," but i don't get it. >> a much stronger reaction from former ge ceo jack welch who tweeted unbelievable jobs numbers. these chicago guys will do anything. can't debate, so change numbers. and from florida tea party congressman alan west. he put up i agree with former ge ceo jack welch. chicago-style work involved it. solis responded to the suggestion the numbers were cooked. >> i'm insulted when i hear that, because we have a very professional civil service organization where you have top, top economists that work at the bls. they've been doing these calculations. these are our best trained and best skilled individuals that have been working in the field. it's really ludicrous to hear that kind of statement. >> let's bring in our "news nation" political panel today. john harwood and zachary ca caribel. thank you, gentlemen, for joining me. john, i want to come to you first because i want to play what president obama and governor romney said just a short time ago reacting to the jobs reports. let me play those first, both of them. >> there were fewer new jobs created this month than last
. but some nay sayers wonder if it is too good to be true. jack welch, former ceo, tweets unbelievable jobs numbers, the chicago guys will do anything, can't debate, so change numbers. and one group suggested maybe somebody played with the numbers. >> very good timing for the president. if he mapped it out to be able to have it, this is one you would want to have. he placed the unemployment as the longest time in history knew. >> but the labor department scoffed at the notion that anybody manipulated the jobs report. >> it is collected by the interviewers who are all career federal employees. so you would have to imagine that the people who participate in the survey, and they do this voluntarily, are for some reason trying to manipulate things. >> and it is not unusual for the surveys, one based on asking the companies, the other based on asking individuals, to have a wide difference, why? the household survey shows all sorts of workers, including self-employed and certain agriculture workers. and it is based on a much smaller sample than the other businesses. keith hall says that the numbe
, rush limbaugh and other conservatives said the white house had cooked the books. even jack welch, the former ceo of ge, went on twitter to accuse the president of changing the numbers. >> i tell you, these numbers don't smell right when you think about where the economy is right now. >> reporter: the labor department called the allegations ludicrous. we went directly to the place where it's all done. this vast government building, a couple of miles from the white house, houses the labor department's bureau of labor statistics. the bls has been tabulating the monthly unemployment rate for more than 70 years. it's all based on a survey conducted in person and over the phone of 60,000 households every month. and here is where the numbers get crunched. amid a sea of high-walled cubicles, inside of each one, an economist sworn to secrecy and working on a specific aspect of that employment survey. tom nardone is in charge here. he's worked at bls since before ronald reagan was president. he introduced us to the economist who actually wrote this morning's unemployment rate announcement.
, especially from somebody as prominent as jack welch. what does it say about partisanship in the country? >> it says that it starts to rot people's brains. the theory is just -- we need a good name for this. i nominate job nutters. but this really is ridiculous. this is -- first things first, this is good news for the country. and, yes, it benefits the president because it adds to argument. it takes away the argument that unemployment rate's been over 8%. it's a positive sign for the country. and frankly, it gives the president a boost in the wake of a terrible debate performance. but bottom line, it's a sign that the trend is moving away from the debt sweep we've dealt with. >> let me pick up on that. some democrats are saying what debate? how much of a boost does it really give the president, given the lackluster nature of his performance the other night? >> it doesn't give the president a do-over. he had a lousily first debate. that hurts. it's not determinative. the economy's issue number one. this is a boost. it helps change the topic. but it doesn't erase that first debate. the pre
fell to below 8%? also jack welch, the former ge guy. >> yep. >> he's tweeting this morning and saying, unbelievable jobs numbers. these chicago guys will do anything. can't debate, so change numbers. i mean -- so is it possible the labor department is lying or has changed these numbers in some way? >> look, these numbers are often revised. usually when you have a vibrant growing jobs market a revision of 86,000 doesn't make any difference at all. you have much more jobs being created. we don't have that right now. in terms of why the two numbers are different, there are two different surveys the government does. hou household survey where they ask people wheer they're employed and a company survey where they ask companies how many people are employed. those are two different numbers. so that's why you have the number of jobs created or lost and the jobless rate. that's the technical data gathering reason. as for -- look, you'll hear conservatives say either they don't trust these numbers or they're going to say, look, 114,000 is the important number to look at here. that's not good en
. >> christy, some of the attacks from conservatives, such as jack welch, saying they don't believe the numbers. they believe the books are cooked essentially. explain the process of how we reach these numbers today? >> there's spin, and then there are conspiracy theories, and the spin, which is valid, if spin can be valid, is that, you know, look, you still have only 114,000 jobs created on balance. anha's -- you know, you th ty pu together. right? one of them is a survey of people at home where you call anthpele s yes or no and explain how. the other is a survey of employers where they ask are you hiring? that's where the 114,000 number comes om114,000 number might not catch everyone who is working part-time from home or just working part-time or doing some kinds of contract work, so that's why sometimes thercran bwe no, they're noin t bt of bls cooking the books for some political reason. i would bring this one point, suzanne, if they were, wouldn't they have done that after the president gave his speech in charlotte? instead he gave a speech in charlotte, and it was a bad report the next d
Search Results 0 to 13 of about 14 (some duplicates have been removed)

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